Trident Lifeline (BOM:543616) LT-Debt-to-Total-Asset : 0.17 (As of Sep. 2024)

View and export this data going back to 2022. Start your Free Trial

What is Trident Lifeline LT-Debt-to-Total-Asset?

LT Debt to Total Assets is a measurement representing the percentage of a corporation's assets that are financed with loans and financial obligations lasting more than one year. The ratio provides a general measure of the financial position of a company, including its ability to meet financial requirements for outstanding loans. It is calculated as a company's Long-Term Debt & Capital Lease Obligationdivide by its Total Assets. Trident Lifeline's long-term debt to total assests ratio for the quarter that ended in Sep. 2024 was 0.17.

Trident Lifeline's long-term debt to total assets ratio increased from Jun. 2023 (0.00) to Sep. 2024 (0.17). It may suggest that Trident Lifeline is progressively becoming more dependent on debt to grow their business.

Trident Lifeline LT-Debt-to-Total-Asset Historical Data

The historical data trend for Trident Lifeline's LT-Debt-to-Total-Asset can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Trident Lifeline LT-Debt-to-Total-Asset Chart

Trident Lifeline Annual Data

Trend

Mar20

Mar21

Mar22

Mar23

Mar24

LT-Debt-to-Total-Asset

1.01

0.40

0.10

0.06

0.15

Trident Lifeline Quarterly Data
	Mar20	Mar21	Dec21	Mar22	Sep22	Dec22	Mar23	Jun23	Sep23	Mar24	Jun24	Sep24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial							-	0.04	0.15	-	0.17

Trident Lifeline LT-Debt-to-Total-Asset Calculation

Trident Lifeline's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Mar. 2024 is calculated as

LT Debt to Total Assets (A: Mar. 2024 )	=	Long-Term Debt & Capital Lease Obligation (A: Mar. 2024 )	/	Total Assets (A: Mar. 2024 )
	=	127.998	/	870.762
	=	0.15

Trident Lifeline's Long-Term Debt to Total Asset Ratio for the quarter that ended in Sep. 2024 is calculated as

LT Debt to Total Assets (Q: Sep. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Sep. 2024 )	/	Total Assets (Q: Sep. 2024 )
	=	166.025	/	978.584
	=	0.17

Trident Lifeline (BOM:543616) LT-Debt-to-Total-Asset Explanation

LT Debt to Total Asset is a measurement representing the percentage of a corporation's assets that are financed with loans and financial obligations lasting more than one year. The ratio provides a general measure of the financial position of a company, including its ability to meet financial requirements for outstanding loans. A year-over-year decrease in this metric would suggest the company is progressively becoming less dependent on debt to grow their business.

Trident Lifeline LT-Debt-to-Total-Asset Related Terms

Thank you for viewing the detailed overview of Trident Lifeline's LT-Debt-to-Total-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.

Trident Lifeline Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Trident Lifeline Ltd (BOM:543616) » Definitions » LT-Debt-to-Total-Asset

Traded in Other Exchanges

N/A

Address

North Extension, Falsawadi Begumpura, 2nd Floor, Shop-2004, Nodh-4/1650, Sahara Darwaja, Surat, GJ, IND, 395003

Website

http://www.tridentlifeline.com

Trident Lifeline Ltd is engaged in the marketing of pharmaceutical products in domestic as well as international market. The company is also engaged in distribution of pharmaceutical products through third-party distribution network. It also offers a wide range of pharmaceutical formulations and products manufactured on contract manufacturing under a loan license. The Company's reportable geographical segments include India, Ghana, Kenya, Peru, Cameroon, Venezuela, and the Rest of World.

Trident Lifeline Headlines

No Headlines